Study: My Understanding of Companies

A Success Story of a Great Businessman

Businesses normally face challenges, which are not an issue for Hussain al Nowais, the managing director and chairman of the famous Emirates Holdings, known for making dying companies live again and even succeed. There might be a lot of questions in your mind regarding the ways on how this UAE Businessman bloomed in this kind of business.

The experiences of Hussain al Nowais in his younger days have inspired him to succeed in order reach his dreams.

Hussain al Nowais shared that back in the days, they saw the sacrifices of their parents. And now, they are already enjoying the good things that they have earned.

It is quite unthinkable to have air conditioner before or even drink purified water in the 1950s, according to him. Hussain al Nowais even compared Abu Dhabi to a village that is deserted back then. Years ago, their family stayed in an area of Corniche, and the town’s centre was Al Husn.

Hussain al Nowais was sent to Qatar to study since Abu Dhabi’s schooling was insufficient.There was a norm before that people leave Abu Dhabi and go to Saudi Arabia or Qatar to get out from a difficult kind of life.

When Sheikh Zayed bin Sultan Al Nahyan became president of UAE, a lot of families have returned, including the family of Al Nowais. The grandfather of Al Nowais, who was once a pearl merchant, worked his way and became a building material and foodstuff trader. Their family managed to become a trade organisation after that.

Al Nowais continued schooling in the United States of America after finishing high school in his beloved place, Abu Dhabi.

He finished a business administration degree in the United States of America and then practices it right away in the UAE, wherein his heart and soul were filled with optimism and bright ideas. It is so impressive who Al Nowais has lifted his credibility so high, making him succeed even in his early 20’s, wherein he was able to deal with big names in the business world.

With his outstanding capabilities as a leader, he has successfully made their business fly, which finally became a famous distributing, manufacturing, trading, and contracting company. He even recalled how we build everything almost from nothing.

When his career was still trying to grow, one event that he considers as the turning point was when he got a contract for a department in the government in supplying equipment for electrical use.

By improving his acquired skills and knowledge, he became successful in his chosen career.

Even the beginning of Gulf War was seen by Al Nowais as a chance to begin a food business, because of its necessity. By acquiring businesses that are already failing, he found ways to restructure and make them rise again.

And up to this day, he is still showing and sharing his excellence, such as having Federal Foods.